LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has raised over C$11 million through public and private offerings to support the restart of gold production at its Beacon Gold Mill and accelerate exploration across its Quebec properties. The company plans to process mineralized material from its Swanson Gold Deposit at the mill, initially targeting 750 metric tons per day (TPD), with plans to increase throughput to 1,250 TPD as mining operations expand.
The Swanson Gold Deposit and the recently acquired McKenzie East Gold project encompass approximately 23,000 hectares within Canada's prolific Abitibi Gold Belt. LaFleur continues drilling programs to expand its resource base, with gold prices having risen substantially since early 2025. The company's base-case planning reflects lower historical gold prices, indicating that planned production operations are expected to generate strong profitability.
The company's recently refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. LaFleur recently released the results of a positive Preliminary Economic Assessment (PEA) for the Swanson Gold Project and the planned restart of the Beacon Gold Mill.
LaFleur Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. The company's mission is to advance mining projects with a laser focus on its PEA-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 19,214 hectares (192 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings.
The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential. With gold prices currently favorable and the company's cost structure based on conservative estimates, LaFleur is well-positioned to generate significant cash flow from its planned operations.
For more information, visit the company's newsroom at https://ibn.fm/LFLRF.
